Shanghai-based mobile robot provider Quicktron Intelligent Technology has secured over $100 million in its Series D funding round, aimed at bolstering its global market presence and enhancing its product offerings. The round was co-led by Golden Oriole Capital, FarGlory Group, the Wuxi Liangxi Technology Innovation Fund, and the Weifang Yuanfei Industrial Fund.
As global demand for intelligent warehousing and logistics automation grows, Quicktron plans to use the funding to expand its reach in key international markets and improve its user experience. "We will fully utilize the funds to strengthen our presence in overseas markets and enhance our service capabilities," said Yang Wei, founder and CEO of Quicktron Robotics.
Quicktron specializes in autonomous mobile robots (AMRs) designed to optimize warehouse and logistics operations. The company’s offerings include the M-Series for transporting totes and racks, the C-Series for storage and retrieval, and the F-Series for automated forklifts. These solutions aim to increase efficiency in industries such as e-commerce, manufacturing, retail, and third-party logistics.
Founded in 2014, Quicktron’s AMRs are already deployed across various regions, including Europe, North and South America, Japan, South Korea, and Southeast Asia. The company plans to further accelerate its global expansion by growing its overseas teams and deepening partnerships with local entities to better meet the unique needs of each region.
"In a globalized economy, this financing will significantly accelerate Quicktron’s market expansion," said Xie Xuan, partner and CFO of Quicktron. She noted that the capital injection not only signals investor confidence but also provides the support needed for the company to navigate an increasingly complex international trade environment.
In addition to global growth, Quicktron is focused on driving product innovation and improving user experience. The company plans to refine its robots to ensure stability and efficiency in real-world scenarios, while also incorporating user feedback to offer more personalized solutions.
With this new funding, Quicktron is positioning itself to lead the hybrid on-site logistics automation market, providing smart solutions that tackle inefficiencies in manual operations.
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